Live Ventures Incorporated (LIVE) |
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Price: $26.4800
$-0.92
-3.358%
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Day's High:
| $27.5
| Week Perf:
| -4.06 %
|
Day's Low: |
$ 26.48 |
30 Day Perf: |
5.92 % |
Volume (M): |
5 |
52 Wk High: |
$ 35.00 |
Volume (M$): |
$ 127 |
52 Wk Avg: |
$27.20 |
Open: |
$27.50 |
52 Wk Low: |
$22.61 |
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Market Capitalization (Millions $) |
84 |
Shares
Outstanding (Millions) |
3 |
Employees |
1,211 |
Revenues (TTM) (Millions $) |
403 |
Net Income (TTM) (Millions $) |
-3 |
Cash Flow (TTM) (Millions $) |
-7 |
Capital Exp. (TTM) (Millions $) |
12 |
Live Ventures Incorporated
Live Ventures Incorporated, a Nevada corporation originally incorporated in the
State of New Mexico in 1968 as Nuclear Corporation of New Mexico, is a holding
company for diversified businesses. Commencing in fiscal year 2015, we commenced
a strategic shift in our business plan away from solely providing online marketing
solutions for small and medium business to acquiring profitable companies in various
industries that have demonstrated a strong history of earnings power. Prior to
that shift, we primarily promoted online marketing solutions to small and medium
businesses to help them boost customer awareness, gain visibility and manage their
online presence under our Velocity Local™ brand. In 2013, we launched LiveDeal.com,
a real-time “deal engine” that connects restaurants across the United
States and consumers via an online mobile platform, and helps restaurants attract
new customers.
Under the Live Ventures brand, we seek opportunities to acquire profitable and
well-managed companies. We work closely with third parties to help us identify
target companies that fit within the criteria we have established for opportunities.
Products and Services
Manufacturing Segment
Marquis Industries, Inc.
In July 2015, we acquired a majority interest (80%) in Marquis Industries,
Inc., a Georgia corporation (“Marquis” or “Marquis Industries”),
through our subsidiary, Marquis Affiliated Holdings LLC. In November 2015, we
acquired the remaining outstanding interest (20%) of Marquis. Marquis Industries
is a leading carpet manufacturer and a manufacturer of innovative yarn products,
as well as a reseller of hard surface flooring products. Over the last decade,
Marquis has been an innovator and leader in the value-oriented polyester carpet
sector. We focus on the residential, niche commercial, and hospitality end-markets
and serve over 2,000 customers.
Since commencing operations in 1995, Marquis has built a strong reputation
for outstanding value, styling, and customer service. Its innovation has yielded
products and technologies that differentiate its brands in the flooring marketplace.
Marquis’s state-of-the-art operations enable high quality products, unique
customization, and exceptionally short lead-times. Through its A-O Division,
Marquis utilizes its state-of-the-art yarn extrusion capacity to market monofilament
textured yarn products to the artificial turf industry.
Carpets & Rugs
Marquis is one of the top residential carpet manufacturers in the U.S. by revenue
and also produces innovative commercial products for the carpet industry. Marquis
has 21 running line styles offering outstanding quality and value. It also offers
special value in polyester styles and residential nylon roll buy. Beginning
in 2014, Marquis began offering eight carpet styles with 6.8 twists or better,
six styles in ¼ gauge construction and two with a 1/8 gauge construction.
Hard Surfaces
Marquis has developed one of the strongest and most competitive, high styled
hard surface lines on the market. The Marquis Hard Surface running line is a
mainstream line-up of high styled luxury vinyl tile, several unique laminates
and hand scraped engineered wood along with six individual series of vinyl.
Marquis Hard Surfaces also features hundreds of rolls of vinyl specials at promotional
prices.
Yarns
Through its A-O Division, Marquis uses state-of-the-art yarn extrusion capacity
to market monofilament textured yarn products to the artificial turf industry.
Company Address: 325 E. Warm Springs Road Las Vegas 89119 NV
Company Phone Number: 997-5968 Stock Exchange / Ticker: NASDAQ LIVE
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Customers Net Income fell by |
LIVE's Customers Net Profit Margin fell to |
-63.58 % |
2.46 %
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Stock Performances by Major Competitors |
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Live Ventures Incorporated
Live Ventures Incorporated Reports Widening Losses but Strong Revenue Growth in Fiscal Quarter LAS VEGAS, Feb. 08, 2024 - Live Ventures Incorporated (Nasdaq: LIVE), a diversified holding company, released its financial results for the first fiscal quarter ending on December 31, 2023. The company reported a widening loss of $0.22 per share compared to a profit of $0.60 per share in the same period the previous year. However, the company's earnings per share (EPS) improved from a loss of $1.42 per share in the preceding reporting period. Despite the losses, Live Ventures Incorporated exhibited strong revenue growth, with a 70.074% increase to $117.33 million from $68.99 million in the corresponding period a year prior. Sequentially, the revenue advanced by 13.974% from $102.94 million. This notable revenue growth sets Live Ventures Incorporated apart from its peers in the specialty retail industry, as the rest of the industry reported a 10.77% increase in revenue during the same period.
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Live Ventures Incorporated
Live Ventures Incorporated (NASDAQ: LIVE) recently announced its fiscal full year earnings for the period ending September 30, 2023. The announcement highlighted a remarkable surge in revenue, though the company faced challenges such as a growing deficit per share and declining operating earnings. This article will explore the implications of these financial results and their potential impact on Live Ventures Inc going forward. 1. Increase in Deficit: Live Ventures Incorporated experienced an increase in its deficit per share during the fourth quarter of 2023, reaching $-1.42 per share. This is a considerable decline compared to the $0.33 per share in the prior financial reporting period. The surge in deficit indicates that the company's expenses are outpacing its revenues. It raises concerns about the company's ability to effectively manage costs and generate profitability.
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Live Ventures Inc
Live Ventures Inc Reports Decrease in Net Profit but Impressive Revenue Growth Live Ventures Inc, a Specialty Retail company, announced its financial results for the interval ending June 30, 2023. The company recorded a net profit per share of $0.33 and revenue of $91.12 million during this period. However, compared to the same interval the previous year, the net profit per share declined by $0.33 per share, as it was $1.11 EPS. Despite this decrease, Live Ventures Inc achieved an impressive revenue growth of 34.052% in the same period. In a surprising move, Live Ventures Inc has stood out from its counterparts in the Specialty Retail sector by posting a top-line improvement. Many other companies in the Specialty Retail sector have experienced a decline in revenue over the same period. This indicates that Live Ventures Inc is bucking the trend and finding success despite the challenges faced by its industry peers.
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Live Ventures Inc
Despite a decline in LIVE's net profit per share for the January to March 31 2023 period, coupled with a drop in net earnings and operating earnings, there are still reasons to be bullish about this company. LIVE's revenue rose by an impressive 30.723% in the same period, indicating that the business is still growing and expanding its operations. Furthermore, LIVE's focus on improving sales during this period should be applauded, as it is a clear indication that the management team is keenly aware of the challenges facing the business and is taking proactive steps to address them. In fact, LIVE Ventures Inc could be setting itself up for a strong recovery in the coming months, as the company continues to ramp up its sales strategies.
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Per Share |
Current |
Earnings (TTM) |
-0.82 $ |
Revenues (TTM) |
127.36 $
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Cash Flow (TTM) |
- |
Cash |
1.76 $
|
Book Value |
31.42 $
|
Dividend (TTM) |
0 $ |
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Per Share |
|
Earnings (TTM) |
-0.82 $
|
Revenues (TTM) |
127.36 $ |
Cash Flow (TTM) |
- |
Cash |
1.76 $
|
Book Value |
31.42 $ |
Dividend (TTM) |
0 $ |
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